Nova America Cogeneration Project
Sector: Biomass • Location: Sao Paulo, Brazil
Source: World Bank Group
The Nova America project involves the expansion of a cogeneration plant fuelled with sugar cane bagasse from 11.5 MW to 51.5 MW in the Taruma, state of Sao Paulo.
Nova America is part of the Rezende Barbosa Group.
In August 2005, Banco Nacional de Desenvolvimiento Economico e Social (BNDES) approved a US$21 million (50 million real) to Nova America to fund the expansion of the power plant.
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Participants
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Status
Original status | Active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | The Nova America project involves the expansion of a cogeneration plant fuelled with sugar cane bagasse from 11.5 MW to 51.5 MW in the Taruma, state of Sao Paulo. Nova America is part of the Rezende Barbosa Group. In August 2005, Banco Nacional de Desenvolvimiento Economico e Social (BNDES) approved a US$21 million (50 million real) to Nova America to fund the expansion of the power plant. The loan from BNDES was approved under the Financial Support Program for Investments in Alternative Sources of Electric Energy (PROINFA). PROINFA was a government sponsored renewable energy program in which wind, biomass, and small hydro projects selected for development received access to BNDES financing and/or were guaranteed 20-year power sales contracts with federal utility Eletrobras. In March 2009, Cosan acquired Nova America project. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Procurement method | Obfuscated Data |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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